i finally got the blocks mined to be posted on the site. will do the hash rate of the pools shortly. then going to make some general code improvements on the pool as a whole. i feel like i am wasting a lot of cycles with the way i decided to do some things
How so? I quite like the whole look of it. What do you have in the way of profit switching or mining the most profitable Coins? Would you add new Coins to the list of payout Coins? profit switching is based off price gathering from api calls to poloinex, cryptsy, and bittrex and a check on the current network difficulty from each of the coins. some math from that point determines the most profitable coin by finding the BTC per MH per hour from the coins. if the how so was related to code improvement. then that is a lot harder to explain XD I think I was a bit more interested in how the profit switching is done rather than the code improvement so I think the explanation is good. Would you add other Coins to the Payout list other than your CryptoGroup Coins? i have the ABILITY to payout with any coin currently avaliable on bittrex, cryptsty, or polo. but right now all other coins besides our own are disabled. i might open the others up later, depending on how things are going You guys are really doing a fantastic job with your multi-pool and I've taken on the PayCon project and launching ColossusCoin 2.0 this week so was kinda hinting that I would like them to be part of the multipool later on once they are more established. If you are up for a suggestion for improvement, I think you should create a set of CryptoGroup forums and include links to the forums and announcement threads in the wallets. You can build basic SMF forums pretty easily https://www.digitalocean.com/community/tutorials/how-to-install-simple-machines-on-ubuntu-12-10The reason for this suggestion is that searching on Bitcointalk is disabled so it is going to get harder and harder to keep your thread noticeable and keep people updated. You can do a lot with your own forums, and integrating the communities together would be much better. I can give you some suggestions on layout and permission privileges as well, I used to run forums for top online clans years ago and have a lot of experience with running and using forums. |
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Takes real time to learn how to code rather than buying a basic clone for 0.3 BTC? How long have you been here? This team created accounts specifically for the purpose of launching OmegaCoin but yet you seem to know more than the average newbie and the code is exactly the same as most every clone I've seen recently. I have stated that I am also involved in ColossusCoin and the job is more difficult in terms of logistics of getting people swapped over to the new version, which I have been fully transparent about. Can you prove activity in coding over time? I can. You have been involved in multiple scams https://bitcointalk.org/index.php?topic=911834.0https://bitcointalk.org/index.php?topic=697009.0 |
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Hi,dev,I think we should be on bittrex~~~
Totally, we should get those support tickets in and keep the chat boxes busy. Just a couple days until the new rewards kick in and as a little preamble to the party we have a NEW BLOGBe sure to check out http://www.paymace.pw/ for all the latest news on PayCon! |
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How many more days til ico ends?
3 days until Omega ICO ends! Already sold: 27% DEV you should at least try and put this coin on EMPOEX exchange for the miners. Because the # of mine coins are so small and limited. This coin will easily see 25k+ on EMPOEX...
25k?  ? What are you talking? Who is crazy enough to pay 25k for this shit? This Coin is total shit, I could make a better Coin is 2 hours flat and wouldn't have the DDOS and double spend risks that this Coin does. Couldn't even be bothered making a proper readme file in the Github and you might have a bit of trouble using the Statistics page considering all the values are wrong..... Thank you very much for letting us know this. The situation is being fixed as we speak. Not without a Hardfork and complete revamp of the system. |
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DEV you should at least try and put this coin on EMPOEX exchange for the miners. Because the # of mine coins are so small and limited. This coin will easily see 25k+ on EMPOEX...
25k? ? What are you talking? Who is crazy enough to pay 25k for this shit? This Coin is total shit, I could make a better Coin is 2 hours flat and wouldn't have the DDOS and double spend risks that this Coin does. Couldn't even be bothered making a proper readme file in the Github and you might have a bit of trouble using the Statistics page considering all the values are wrong..... |
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i finally got the blocks mined to be posted on the site. will do the hash rate of the pools shortly. then going to make some general code improvements on the pool as a whole. i feel like i am wasting a lot of cycles with the way i decided to do some things
How so? I quite like the whole look of it. What do you have in the way of profit switching or mining the most profitable Coins? Would you add new Coins to the list of payout Coins? profit switching is based off price gathering from api calls to poloinex, cryptsy, and bittrex and a check on the current network difficulty from each of the coins. some math from that point determines the most profitable coin by finding the BTC per MH per hour from the coins. if the how so was related to code improvement. then that is a lot harder to explain XD I think I was a bit more interested in how the profit switching is done rather than the code improvement so I think the explanation is good. Would you add other Coins to the Payout list other than your CryptoGroup Coins? |
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looks interesting.. I will check it out on CC-EX.  VocalCoin all over again.... |
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I see them too. I can see them join and leave. I can't see anyone typing anything, and not sure if they can see what I type.
Ok I'll look into it and see what I can do for it. It's quite hard for me to test a lot of the QT stuff, all my ports are blocked by my ISP so I can't connect any wallets so work mainly off the command line. |
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Why buy ICO when you can buy HUGE PERCENTAGES of PayCon for nothing!?!?
No ICO, No plans and No rules, in PayCon everything you do or say is accepted. PayCon promises nothing and delivers on everything.
The most innovative Coin you will ever come across, with 100% support by the community and built for less than 1 BTC
https://c-cex.com/?p=con-btchttps://bitcointalk.org/index.php?topic=937480.0
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On an unrelated note, has anyone tested out the IRC chat? elmanager mentioned to me that he couldn't connect properly to it.
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i finally got the blocks mined to be posted on the site. will do the hash rate of the pools shortly. then going to make some general code improvements on the pool as a whole. i feel like i am wasting a lot of cycles with the way i decided to do some things
How so? I quite like the whole look of it. What do you have in the way of profit switching or mining the most profitable Coins? Would you add new Coins to the list of payout Coins? |
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The thing I hate about ICO's is that they burn the Coins by sending them into an unspendable address so it messes up any rich list you make because the top address might be 98% of the Coins. It looks similar to VocalCoin which I lost some money in through the ICO (about $150) and then the Dev started making a bunch of excuses and removed his ID. Basically ended up that the ICO itself really messed it up because you couldn't even fork the Coin if you wanted to so I ended up writing it off as a loss. I posted there, get ready for a few angry posts lol |
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Ok, having read most of the threads for LTCD over the past months, I'm going to have my 2 penneth, I reckon the amount of the stuff I own allows me to do that. Since no-one can post on the official thread, I'll do it here.
Point 1 - Attitude.
Being the dev of a coin, especially one that's had problems and one which needs reviving, requires a certain amount of man management skills, which are obviously missing from vics armoury. Vic, whatever drives you to develop this coin, you need to realise that all this "agressive defense" you are offering, be that on the official thread or on here is misplaced. You need to listen to every single concern, be that abusive or positive, and take every scrap of information from it. To reply to every critism as though someones just insulted your own family is just not the right thing to do.
When you took over this coin, people had really high hopes for what you were doing, and your enthusiasm for the same. Now, it's hard to see anything in you other than some sort of power crazed zealot who thinks he can dictate every single aspect of the coins new development. I have at certain times in the past seen this behaviour stem from someone who is just so passionate about what they're trying to do, and working so hard that they see every comment as a critism. Vic - if this is you, I would emplore you to get someone to speak for you on these forums. Someone who can take a comment like "you're all dicks and there's nothing happening with LTCD" and reply with something like "thanks for your comments, I can assure you our development team is working very hard and we hope to have an announcement by the end of next week reference our next stage of developement. Please feel free to return to this post and give us a hurry up should you not see that announcement at the appropriate time." If it's a genuine query, you've just earned some "points". If it's an idiot, you've not lowered yourself to their standards, but still fully answered their question. Come on Vic - we're all looking for true leadership from you, not the ability to get into abusive scraps on a forum.
Point 2 - Community.
This is the key one if the coin is going to survive. Someone made a point in a previous thread that the coin is not the dev, it's the community. Absolutely bang on. But when a new dev takes on a coin, especially one with issues, the absolute, definate, solo, first thing they need to do, is bring the whole community on the journey with them. This means transparency, honesty, constant quality communication, having the ability to listen (see above), and basically being the figurehhead for a huge amount of people who have invested in this coin and want it to rebound. You have simply got to engage everyone with a view, so that we all travel together on this. If you fragment the community, you will fragment the coins very support, and it will surely die.
I know about this stuff Vic, and whilst I thought I saw good intentions in you in late 2014, they won't be enough to turn this around on their own.
Take on board some of the above if you want, or ignore it. It's certainly not meant as a critism, but you'll see what you'll see.
Love & snuggles....
That was me My thoughts exactly, only your words much better then mine, feel like taking up PR for LTCD, if Vic lets you?  Just make a new thread, new forums. https://www.digitalocean.com/community/tutorials/how-to-install-simple-machines-on-ubuntu-12-10A Cryptocurrency is decentralized by nature so you really don't need to ask anyone's permission as long as you are able to get support from the majority. |
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Why does anyone think 100% PoS is a good thing?
Who wants money with 100% inflation every year?
Seems like it would have been better to leave it at 50% to me, just my 2c
You would only get 100% at minimum difficulty, every 64X difficulty increase the reward drops by half down to a minimum of 50% (100%, 75%, 62.5%, 56%, 53%, 51.5% etc). There is a cap of 30 Coins per Block to Stake so the maximum amount per year is limited to 15,768,000 Coins. The increase in Stake reward is to offset the cap on Blocks and if doing something as radical as changing the whole reward system, it would need to be more rewarding to gain the majority vote. It's less about actually giving a higher percentage per year though and more about encouraging use of smaller Blocks to create a more secure network. Besides, in about 2 weeks it will be Proof of Stake only so that will take away all that extra POW sell pressure. |
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Updated Paycon to 1.3 made Paycon.conf file not synching stuck on Block 38031.
I'm thinking the issue might be nodes that are still on the oldest version feeding blocks without checkpoints and stake modifiers. I think we should work with it for now and try to get some more public nodes up for people to connect to. If anyone would like to add a new Node, I'm offering 500 CON per node that can be added to the list.All you have to do is run a node on some VPS somewhere and put up the IP address of it for people to connect to. You can host a node in the Cloud for as little as $5 a month and does a lot to help improve the stability of the network. |
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I fully disagree: Regulation -and subsequent full compliance- is not just inevitable but necessary to eliminate the bad players. And, regardless of opinion, in USA it isn't just coming, it is already here, so I believe he is ahead of the curve and very intelligent in pre-empting rather than following.
Furthermore, altcoins -including BTC-, have failed miserably to serve an actual real life purpose so far. Adoption is minimal -and dwindling- and use case very limited (although expanding slowly). The idea behind PayCoin to line up tens of thousands of merchants IS indeed the right one towards the full adoption and usage in the real world. A real world that want to be protected against scams and don't care if it is centralized, decentralized or dances samba.
It is a major, major undertaking and he have jumped the gun on a couple of key things ... which will cost him, no question. But will the project fully materialize, survive and eventually thrive? No one knows at this stage.
I for one believe he has better chances than any other out there... but it is by no means an easy undertaking.
Interest in AltCoins are expanding, not decreasing. Adoption is not minimal at all, just check out some graphs of posting on Bitcointalk the amount of posts per day are increasing every day and at the rate it's going just Bitcointalk itself will be a massive enterprise within 2-3 years. I do agree with the rest of what you said, really all a Cryptocurrency needs to do is to survive in the wild, maybe it will work, maybe it won't. The good thing about data is that you really cannot argue with it: You can google the recent study showing the minimal increment in adoption of BTC (and none of non-BTC has ANY rate of adoption at all, lets make that perfectly clear). I believe it is -BTC- at only 5% more than it was in 2013, for all or 2014... so that's not arguable, is it? BTCT is a place visited by the initiated only, not by any regular people at all -other than the newly interested, which are normally people without any money at all and average age 16. It in no way, shape or form reflects the levels of adoption of cryptocurrencies out there in the real world. Take away the market data and look at the amount of people with general knowledge in the field and compare that to when you first started. The reason you see minimal impact of other Coins are because there are so many of them, many may never be useful or will die off but the amount of people working on Blockchain technology has grown exponentially. With that I agree. Including IBM (working on blockchain tech). But that doesn't reflect, so far, in any significant growth in the rate of adoption or BTC and much less of any other altcoins. As a matter of fact, the opposite seems to be happening, as many people scammed run away from crypto for good. Survival of the fittest in a free market, some will leave and some will comeback and some will stay no matter what. I recently watched a Youtube video on Friedrich Hayek, a famous economist during the 1929 Stock Market crash and his ideas on deregulation of all currencies and that for a real market, the more open and free the market the better and I think it relates to Cryptocurrencies in general quite a bit. https://www.youtube.com/watch?v=A8bfTjp6Xw0 |
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What am I doing wrong? I updated the wallet to new one and have active nodes etc. It seems I am stuck on 17705 blocks remaining while sync Hmm, try closing your wallet and reopening it, I'll look into it Did you try adding the nodes I listed? |
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I fully disagree: Regulation -and subsequent full compliance- is not just inevitable but necessary to eliminate the bad players. And, regardless of opinion, in USA it isn't just coming, it is already here, so I believe he is ahead of the curve and very intelligent in pre-empting rather than following.
Furthermore, altcoins -including BTC-, have failed miserably to serve an actual real life purpose so far. Adoption is minimal -and dwindling- and use case very limited (although expanding slowly). The idea behind PayCoin to line up tens of thousands of merchants IS indeed the right one towards the full adoption and usage in the real world. A real world that want to be protected against scams and don't care if it is centralized, decentralized or dances samba.
It is a major, major undertaking and he have jumped the gun on a couple of key things ... which will cost him, no question. But will the project fully materialize, survive and eventually thrive? No one knows at this stage.
I for one believe he has better chances than any other out there... but it is by no means an easy undertaking.
Interest in AltCoins are expanding, not decreasing. Adoption is not minimal at all, just check out some graphs of posting on Bitcointalk the amount of posts per day are increasing every day and at the rate it's going just Bitcointalk itself will be a massive enterprise within 2-3 years. I do agree with the rest of what you said, really all a Cryptocurrency needs to do is to survive in the wild, maybe it will work, maybe it won't. The good thing about data is that you really cannot argue with it: You can google the recent study showing the minimal increment in adoption of BTC (and none of non-BTC has ANY rate of adoption at all, lets make that perfectly clear). I believe it is -BTC- at only 5% more than it was in 2013, for all or 2014... so that's not arguable, is it? BTCT is a place visited by the initiated only, not by any regular people at all -other than the newly interested, which are normally people without any money at all and average age 16. It in no way, shape or form reflects the levels of adoption of cryptocurrencies out there in the real world. Take away the market data and look at the amount of people with general knowledge in the field and compare that to when you first started. The reason you see minimal impact of other Coins are because there are so many of them, many may never be useful or will die off but the amount of people working on Blockchain technology has grown exponentially. |
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I fully disagree: Regulation -and subsequent full compliance- is not just inevitable but necessary to eliminate the bad players. And, regardless of opinion, in USA it isn't just coming, it is already here, so I believe he is ahead of the curve and very intelligent in pre-empting rather than following.
Furthermore, altcoins -including BTC-, have failed miserably to serve an actual real life purpose so far. Adoption is minimal -and dwindling- and use case very limited (although expanding slowly). The idea behind PayCoin to line up tens of thousands of merchants IS indeed the right one towards the full adoption and usage in the real world. A real world that want to be protected against scams and don't care if it is centralized, decentralized or dances samba.
It is a major, major undertaking and he have jumped the gun on a couple of key things ... which will cost him, no question. But will the project fully materialize, survive and eventually thrive? No one knows at this stage.
I for one believe he has better chances than any other out there... but it is by no means an easy undertaking.
Interest in AltCoins are expanding, not decreasing. Adoption is not minimal at all, just check out some graphs of posting on Bitcointalk the amount of posts per day are increasing every day and at the rate it's going just Bitcointalk itself will be a massive enterprise within 2-3 years. I do agree with the rest of what you said, really all a Cryptocurrency needs to do is to survive in the wild, maybe it will work, maybe it won't. |
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Unless he says, gee guys, market forces, sorry, tried my best. Got to go now. Love you lots.
He's a clever man you know, not the most honest person, evidenced by how he chooses to ignore reasonable questions on his own forum.
So, can I ask how much you have invested?
I he says "gee guys, market forces, sorry, tried my best." it equals class action lawsuit, first, regulators after his ass immediately following. He loses all assets and has to flee or go to jail. So, sorry, but no easy way out with the money. He either puts up of loses everything, including his freedom. Like Bernie Madoff. Why would he do that when it costs him nothing to make good on his warranty AND he still will have his business AND new, very profitable ones, plus millions and millions of coins worth much more? Makes no sense at all... In his forums he chooses to avoid conflict, which is different from avoiding "reasonable questions". Engaging in the forum would inevitable lead to enormous waste to time and effort... for no positive outcome, so why would he do it? He just updated what comes next for the project. There's absolutely no reason to answer 100 times the same questions and getting enraged by the same assumptions/speculation... why would he do that either? At this point he's obviously not doing anything to manipulate the market in any way and just the bare minimum to keep the invested community updated as to the current development of the project. Which is wise and efficient. Let the chips fall where the may. Those doubting the outcome, will continue selling; those who expect positive things in the future will continue holding and price will reflect these market forces at play for the time being. No more story beyond raw speculation at this time. My investment in XPY is very modest... even if I price it at the $20 exchange rate. And, like I said before, I trade it frequently. My most recent sale took place for a quick 13% profit a couple days ago and I sold at the 0.0087 level. I do have some coins I purchased much higher though... very modest nonetheless, as I stated before. Personally I think it's the wrong method to regulate a Cryptocurrency at all because you have millions of dollars in costs for all legal, trademarking, paying employees, body guards etc. Really, you don't need any of that at all. You can get the same end result without spending a dime and with a complete free market approach. the heart of what runs a Cryptocurrency is the protocol level itself and just a few people updating some stuff here and there can have a secure and thriving network without needing to spend millions of dollars on litigation. You are right though, Josh needs to make good on his word otherwise he's done. I do think it's poor planning on their part to put themselves in these situations in the first place when you don't need to but hey it's definitely interesting to follow a Cryptocurrency trying to get regulated hard by the government. |
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